"WaMu, according to the Senate investigation, pursued a deliberate strategy of peddling high-risk, often fraudulent loans, and selling them off to investors!"

As time passes and the truth starts to come out we will see more statements like the one above come to light. It seems that the passion all the short sale negotiators muster up to close a short sale is only met with stalling tactics and institutional red tape.

It is no wonder that articles like the one below will be more and more relevant to short sale negotiations and loan modifications. Instead of rehashing the article I am including it here for your perusal.

http://www.housingwatch.com/2010/04/15/et-tu-wamu-seattle-bank-was-subprime-polluter/

I hope that the days to come will shed more light on these corrupt practices. My only hope that new corrupt practices do not begin to creep up to cover their past bad acts.

KB The Short Sale Lawyer.